MEDC Rejects Grant for City Property Purchase
June 6, 2015
A $1.25 million grant request that would have allowed the city to purchase a parcel of property at 400 Eighth Street was rejected by the Michigan Economic Development Corporation (MEDC) this week. City commissioners had hoped to use the parcel to expand Boardman Avenue as part of the city's Corridors Master Plan. Traverse City Mayor Michael Estes, who said the city had been promised "an almost guarantee approval" from the MEDC for the grant, called the rejection "fishy."
"Sounds like someone got to the MEDC and exerted some political pressure," Estes says. "I sure would like to know who." Estes says he plans to further investigate the cause behind MEDC's rejection of the request.
Comment
The Uphill Battle Of Building A Wellness Hub In Traverse City
Read More >>Major Downtown Properties Available, If The Price Is Right
Read More >>Inaugural Great Lakes Child Safety Conference To Be Held Next Week
Read More >>It's Time For The 20th Annual 40Under40
Read More >>
TCBN: Cool Properties, Cool Realtors, Top Sellers
Read More >>Sara Hardy Downtown Farmers Market Back This Weekend
Read More >>After Opt-Outs From Grand Traverse County, BATA, And NMC, Is East Bay’s TIF Plan Still Alive?
Read More >>Tom’s Plans Ambitious “Market Village” Expansion of Fourteenth Street Site; More Retail, Restaurant News
Read More >>Peninsula Township Non-Motorized Public Input Session Tonight, Survey Live Online
Read More >>Farm Tourism Boom Fuels Traverse City Agritourism Summit
Read More >>